Artificial Intelligence
Injection Molding Market will reach USD 390.0 billion by 2030 : GreyViews

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Pune India, Jan. 28, 2023 (GLOBE NEWSWIRE) — The market has been studied for the below mentioned-segmentation and regional analysis for North America, Europe, Asia, South America, and the Middle East and Africa. These are the key regions where the injection molding market is operating and is predicted to expand soon. The manufacturers and suppliers involved in the injection molding market are present across various countries in the above-mentioned regions.
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The report provides a detailed understanding of the market segments which have been formed by combining different prospects such as the material, technology, application, and region. Apart from this, the key driving factors, restraints, potential growth opportunities, and market challenges are also discussed in the below paragraphs.
The significant players operating in the global injection molding market are Berry Global Inc, Silgan Holdings Inc., AptarGroup, Inc., Amcor PLC, and ALPLA. among others. To achieve a substantial market share in the worldwide injection molding market and strengthen their position, manufacturers are pursuing expansion methods such as current developments, mergers and acquisitions, product innovations, collaborations, and partnerships, joint ventures.
It is projected that there would be an increase in demand for the mass production of thousands of identical components at reduced prices, together with design flexibility and precision, particularly from a variety of end-user industries like packaging, medicine, and electronics. The world’s economic recovery has been threatened by the omicron strain’s sudden increase in 2021. A lockdown could be imposed and the supply chain could be disrupted because of the high transmissibility and ability to infect persons who have received immunizations. Additionally, to safeguard themselves against upcoming disruptions that are projected to raise market demand, countries like China, India, and South Korea are focusing on boosting domestic production. The COVID-19 outbreak caused a transformation in the U.S. injection molding market as the participants boosted their capacity to meet the escalating market needs. Medical equipment demand, rising healthcare spending, and an increase in manufacturers utilizing medical injection molding technologies are all anticipated to positively affect growth. Mass production, bridge tooling, and prototype development are the three key procedures in injection molding services. Prototypes are necessary for the fabrication of parts in order to assess the shape and form of the components prior to moving forward with their manufacturing with the actual designs.
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Scope of Injection Molding Market Report
Report Metric | Information |
Study Period | 2022-2030 |
Base Year | 2022 |
Forecast Period | 2023-2030 |
Market Share Unit | USD Billion |
Segments Covered | Material, Technology, Application, and Regions |
Regions Covered | North America, Europe, Asia-Pacific, South America, and Middle-East and Africa |
Major Players | Berry Global Inc, Silgan Holdings Inc., AptarGroup, Inc., Amcor PLC, and ALPLA. among others |
Segmentation Analysis
The plastics segment is expected to be the fastest-growing segment in 2022.
The material segment is metals, plastics, and others. The plastics segment is expected to witness the highest growth rate during the forecast period. Because plastic offers a low-cost technology ideal for high-volume production runs, applications that demand design homogeneity, and applications that need precise tolerances. Recent developments have encouraged the mass manufacture of intricate plastic shapes in order to lower the rate of defective production, particularly in packaging, consumer goods, and construction, boosting industrial growth. Injection moulding requires more plastic polymers as a result of properties including high tensile strength, higher metal tolerance, and high-temperature endurance. These resins also enable a decrease in manufacturing waste, product weight, and overall manufacturing costs, which promotes industry development.
The electric segment is expected to be the fastest-growing segment in 2022.
The technology segment is electric, hydraulic, and hybrid. The electric segment is expected to witness the highest growth rate during the forecast period. The electric machine is quicker to start up, utilizes energy only when it is moving, and is energy-efficient. These machines operate digitally, therefore a speedy process can be accomplished without monitoring. Since the electric portion has incredibly accurate control and monitoring mechanisms, the molding state may be stabilized. As a result, the electric injection molding market is able to be digitally controlled, run at a high speed, and be more productive throughout the entire manufacturing process. The independent motors regulate the entire process from injection to extruder to clamping and ejection. This machine generates less scrap during startup.
The packaging segment is expected to be the fastest-growing segment in 2022.
The application segment is building & construction, packaging, medical, consumables & electronics, automotive & transportation, and others. The packaging segment is expected to witness the highest growth rate during the forecast period. The packaging industry’s increasing need for injection molding is influenced by a variety of reasons, including changing consumer preferences, sustainability, and the expansion of e-commerce. The need for packaging services is also increasing as a result of growing investments in the pharmaceutical, personal care, and food processing sectors. The growth of smartphones, artificial intelligence, and voice recognition technologies, as well as the existence of technology-driven organizations, are predicted to have a substantial impact on the development of the injection molding market. It is projected that rising demand for connections, plug connectors, sensors, electronic components, and other electronics will fuel the expansion.
Regional Analysis
The regional analysis provides a detailed perception of the key regions and the countries. Some of the key countries analyzed for the injection molding include the US, Canada, Mexico, Germany, France, the U.K., Italy, Spain, Russia, China, Japan, India, Brazil, Peru, UAE, South Africa, and Saudi Arabia.
- The Asia Pacific region witnessed a major share. Due to the sizeable investments made by the governments of various countries in the region in the growth of residential construction and the development of public infrastructure.
Country Analysis
Germany’s injection molding market size was valued at USD 0.75 billion in 2022 and is expected to reach USD 1.19 billion by 2030, at a CAGR of 6% from 2023 to 2030. Due to technological advancements, an increase in investment stimulus, and the promotion of technology across a range of end-use industries, including packaging, autos, and medicine. As end-user demand for intelligent packaging that is recyclable and sustainable rises, positive development is projected.
China’s injection molding market size was valued at USD 0.78 billion in 2022 and is expected to reach USD 1.26 billion by 2030, at a CAGR of 6.2% from 2023 to 2030. The significant advancements in the residential and commercial construction sectors have aided China’s economy’s expansion. The housing administration of Hong Kong in China launched a variety of steps to hasten the construction of affordable housing. The government wants to have 301,000 public housing units accessible by 2030. With a CAGR of almost 6.8%, it is predicted that the Chinese packaging market will grow dramatically by 2025 and reach CNY 2 trillion (or USD 282.11 billion). This promising momentum in the packaging industry is expected to spark demand for injection molding across the nation.
India’s injection molding market size was valued at USD 0.60 billion in 2022 and is expected to reach USD 0.96 billion by 2030, at a CAGR of 6.1% from 2023 to 2030. The second-largest industry in India is construction, which contributes 9% to the country’s GDP. The construction sector had significant growth in 2021 as a result of rising end-user spending and intensifying government programs for the building industry’s rehabilitation following COVID-19. The Indian construction sector is anticipated to reach USD 1 trillion by 2030, making it the third-largest market in the world. The Indian government also expects the market for pharmaceutical products to reach USD 130 billion by 2030. India has exported pharmaceutical items to more than 200 nations, and this trend may continue in the future.
Covid-19 Impact
Covid-19 had a major impact on almost all industries, such as electronics, semiconductors, manufacturing, automobile, etc. However, several companies operating in the technology sector have seen increased revenue due to significant changes in consumer preferences toward technological services. In addition, the pandemic has led to significant growth in technology across developing and developed countries.
Furthermore, the growth of the injection molding market is mainly driven by the rise in healthcare sector..
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Contact Us
Rocky Shah
GreyViews
Pune India
Phone: (+44) 162-237-1047
Email: [email protected]
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Artificial Intelligence
Global Methane Hub Announces the Enteric Fermentation Research & Development Accelerator, a $200M Agricultural Methane Mitigation Funding Initiative

The Largest-Ever Globally Coordinated Funding Investment in Livestock Methane Mitigation Research Announced at the COP28 Business & Philanthropy Climate Forum
The public, private and philanthropic partnership includes Bezos Earth Fund, Quadrature Climate Fund, Gerstner Philanthropies, High Tide Foundation, Bill & Melinda Gates Foundation, The Zegar Family Foundation, Danone and more
DUBAI, UAE, Dec. 2, 2023 /PRNewswire/ — Today, at COP28, the Global Methane Hub (GMH) announced a more than $200 million funding initiative between public, private and philanthropic partners including the Bezos Earth Fund, Quadrature Climate Fund, Gerstner Philanthropies, High Tide Foundation, Bill & Melinda Gates Foundation, The Zegar Family Foundation, Danone, the Governments of Ireland, New Zealand and the United States, for research and development (R&D) technologies to meaningfully address and reduce methane emissions from livestock.
The Enteric Fermentation R&D Accelerator, or Accelerator, is the largest-ever, globally coordinated investment of breakthrough research tackling livestock methane emissions. The Global Methane Hub announced the intention to establish the Accelerator at COP27 as an AIM for Climate Innovation Sprint. The Accelerator will unite funders, guided by a science oversight committee, to invest in a globally coordinated research plan. This strategy aims to address gaps in current research and enhance existing efforts. The strategy includes work on exploring new and alternate livestock feed additives, tools to breed low-methane livestock, immunological studies for a methane vaccine, understanding the organisms in the rumen and their functions, and lowering the costs of measurement, essential to generate evidence for regulatory approval and validation of mitigation technologies.
About 40% of the world’s methane emissions come from agriculture, and 70% of that is due to enteric fermentation. This process happens in cows’ digestive systems when sugars are broken down into methane and released through belching. Unfortunately, current research on enteric fermentation is not extensive or coordinated enough to provide efficient and transformative solutions to significantly benefit farmers.
This is the latest milestone to mark the impact GMH is having on global methane reduction efforts since its founding in December 2021.
“The Accelerator is a prime example of the role philanthropy can play in driving substantive climate action and strategically aligning the key players working to solve the most pressing issue of our time,” said Hayden Montgomery, Agriculture Program Director at the Global Methane Hub. “With this effort to synchronize and consolidate public-good research on enteric methane, we aim to make multiple solutions to reduce enteric methane available quickly and provide proof of the efficacy of livestock mitigation technologies.”
“We know that cattle are responsible for most agricultural methane emissions. Promising technological and scientific solutions exist, but for too long, monetary and regulatory barriers have slowed progress and prevented critical research,” said Andy Jarvis, Director of Future of Food at the Bezos Earth Fund. “The Global Methane Hub’s Enteric Methane R&D Accelerator stands to change all of this, unlocking the resources needed to discover and develop low-cost solutions that will dramatically reduce methane emissions from livestock by 2030.”
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Artificial Intelligence
Digital Printing for Tableware Market worth $452 million by 2029 – Exclusive Report by MarketsandMarkets™

CHICAGO, Dec. 1, 2023 /PRNewswire/ — The Digital Printing for Tableware market is projected to reach USD 452 million by 2029 from USD 326 million in 2024; it is expected to grow at a CAGR of 6.8% from 2024 to 2029 according to a new report by MarketsandMarkets™. Heightened interest in sustainable printing practices, escalating needs within the foodservice sector, swift advancements in digital printing technology, and the accelerated prototyping and assessment of novel designs within the tableware industry are poised to propel the expansion of the Digital Printing for Tableware market.
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Browse in-depth TOC on “Digital Printing for Tableware Market”
140 – Tables60 – Figures240 – Pages
Digital Printing for Tableware Market Report Scope:
Report Coverage
Details
Market Revenue in 2024
$ 326 million
Estimated Value by 2029
$ 452 million
Growth Rate
Poised to grow at a CAGR of 6.8%
Market Size Available for
2020–2029
Forecast Period
2024–2029
Forecast Units
Value (USD Million/Billion)
Report Coverage
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered
By Application, Ink type and Region
Geographies Covered
North America, Europe, Asia Pacific, and Rest of World
Key Market Challenge
Compatibility with limited materials
Key Market Opportunities
Increasing demand from the in-plant market
Key Market Drivers
Rapid technological advancements in digital printers
This market exhibits a promising growth trajectory, buoyed by prospects like escalating demand from the in-plant market, substantial investment in digital printing-centric research and development endeavors, and the consequent decrease in per-unit printing costs facilitated by digital printers.
The Ceramic and porcelain application segment is expected to hold the largest market share of the digital printing for tableware market during the forecast period.
In 2023, the Ceramic and porcelain segment held the largest market share, and this pattern is expected to persist in the forecast period. Cutting edge ceramic digital printing technology for the tableware industry is expected to revolutionize the tableware industry during the forecast period. While digital printing for porcelain tableware combines precision and versatility allowing intricate designs to enable growth of the market. Digital printing for ceramic and porcelain tableware products involves the use of advanced printing technology to apply intricate and high-quality designs directly onto ceramic and porcelain surfaces. This modern printing method has become increasingly popular in the tableware industry due to its ability to offer customization, detailed graphics, and efficient production processes.
The UV Ink segment is expected to hold the largest market share of the digital printing for tableware market during the forecast period.
The use of UV ink in digital printing for the tableware industry is driven by its unique properties and advantages that cater to the specific requirements of decorating and customizing various tableware items, such as ceramics and porcelain. It offers rapid curing, color vibrancy, versatility in design, customization capabilities, durability, efficiency in production, and reduction in waste. Because of such advantages over other inks like ceramic ink, and solvent based ink, the UV ink type is expected to hold the largest market share.
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The North American region is expected to hold the largest market share during the forecast period.
During the forecast period, North America region is poised to experience the most significant growth in the digital printing for tableware market. The surge in consumer appetite for personalized tableware due to digital printing capabilities to deliver unique designs is expected to drive the market growth in the North American region. Also, presence of major companies such as Electronics for Imaging, Inc., Inkcups Now, Boston Industrial Solutions, Inc., and INX International Ink Co., in the North American region enables research and development activities in digital printing technologies benefitting the tableware industry owing to increase in the demand for customization of tableware products across the region.
Key Players Market
SACMI (Italy), Electronics for Imaging, Inc. (US), Inkcups Now (US), Mimaki Engineering Co., ltd. (Japan), Boston Industrial Solutions, Inc. (US), PROJECTA ENGINEERING S.R.L. (Italy), Engineered Printing Solutions (US), INX International Ink Co. (US), KERAjet (Spain), and Dip-Tech Digital Printing Technologies Ltd. (Israel) are key players in the digital printing for tableware companies.
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About MarketsandMarkets™
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Artificial Intelligence
Syntax Unveils Expanded CxLink Backup Solution at AWS re:Invent 2023

Leading global solutions provider showcases new product support for Oracle cloud backup and recovery operations and achieves AWS Level 1 MSSP Competency
MONTREAL, Dec. 1, 2023 /PRNewswire/ — Syntax Systems, a leading global technology solutions and services provider for cloud application implementation and management, announced Syntax CxLink Backup solution for Oracle databases at AWS re:Invent 2023. This is a strategic enhancement to its suite of solutions that now supports the Oracle Recovery Manager (RMAN). CxLink Backup addresses a critical need for enterprise customers running Oracle databases, including SAP customers, as Oracle Database underpins more than 60% of SAP ERP Central Component customer implementations and RMAN integration options are limited.
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Spares users the complexity of managing backup file details because it’s a module that streamlines and automates backup and recovery.Supports various backup types like full, incremental, differential, and image copies.Enhances backup efficiency and minimizes size with features like compression, parallel processing, and multisection.Ensures data security and reliability through validation, encryption, and cataloging of backups, as well as the ability to rectify corruption or errors.Offers flexible data restoration, including options like flashback, point-in-time recovery, and incomplete recovery, which allows recovery to any specific moment.”In today’s fast-paced digital world, backups are critical for enterprise applications,” said Ricardo Casanovas Ortega, VP of Product Innovation at Syntax. “Many enterprise teams are managing these processes from disparate sources and tools. Our latest features for CxLink Backup, unify and automate recovery processes, giving users a powerful tool that enhances reliability while minimizing complexity.”
In addition to revealing new capabilities in its CxLink solution, Syntax also announced its achievement of the Amazon Web Services (AWS) Level 1 Managed Security Service Provider (MSSP) Competency and renewed its status in the AWS Managed Service Provider (MSP) Partner Program. These designations recognize and validate leading AWS Partner Network (APN) members that provide full lifecycle solutions to customers and who have met AWS’s requirements for a baseline of managed security services to protect and monitor essential AWS resources 24/7, known as Level 1 Managed Security Services.
“Syntax is very proud to now be part of the elite AWS Partners who have achieved the AWS Level 1 MSSP Competency,” said Christian Primeau, Global CEO of Syntax. “Our strategy is 3-pronged: operate-to-protect, monitor-to-respond and built-to-recover. We are focused on ensuring the integrity of applications running on AWS and the data they store and process. Achieving this AWS Competency designation is recognition of the work the Syntax team delivers and our growing relationship with AWS, which adds value across our entire portfolio.”
The Syntax portfolio offers a wide range of AWS solutions as an AWS Premier Tier Services Partner. Syntax previously achieved the AWS SAP Competency, AWS Oracle Competency, and AWS Migration Competency, and AWS MSP Partner designations and is a member of the AWS Well-Architected Partner Program.
About Syntax Syntax provides comprehensive technology solutions and trusted professional, advisory, and application management services to power businesses’ mission-critical applications in the cloud. With 50 years of experience and 800+ customers around the world, Syntax has deep expertise in implementing and managing multi-ERP deployments in secure private, public, hybrid, or multi-cloud environments. Syntax partners with SAP, Oracle, JD Edwards, AWS, Microsoft, and other global technology leaders to ensure customers’ applications are seamless, secure, and at the forefront of enterprise technology innovation. Learn more about Syntax at www.syntax.com.
Contact:Walker Sands for [email protected]
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